IBM Supply Chain Blog

FEBRUARY 13, 2024

It’s not just copying and pasting; it’s creatively building upon a foundation of knowledge fueled by probability and the guiding prompt. In addition, Well-developed prompts and inputs direct generative models to output creative content for emails, blogs, social media posts and websites.

Data 125

Data Ethics Quality Project management 125

Supply Chain Game Changer

DECEMBER 15, 2021

The Factory Relocation Guide! Develop Policies and Tell Employees in Advance. Developing a clear policy prevents misunderstandings. No matter the policy, make sure it’s in writing. Expensive equipment may be cheaper to transport, but you can’t guarantee they’ll make it to the other plant. Subscribe Here!

Supply Chain Optimization 95

Supply Chain Optimization Supply Chain Efficiency Supply chain Strategy 95

Procurify

JULY 21, 2022

Benjamin Franklin once said, “Beware of little expenses. What is our spend policy? Operational areas of improvement around spend include: Communication: From tools used to facilitate communication to workshops on communication policies, assess the process by which spend is approved. . Learn more in our Remote Procurement guide.

Spend management 52

Spend management Management Budget Purchase orders 52

IBM Supply Chain Blog

OCTOBER 16, 2023

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. An AI governance toolkit lets you direct, manage and monitor AI activities without the expense of switching your data science platform, even for models developed using third-party tools.

Risk 77

Risk Management Ethics Real-time Visibility 77

SCMDOJO

FEBRUARY 13, 2023

In this blog, we will be breaking down these roles and responsibilities for you and highlighting the importance of this very underrated organizational department. It also involves staying informed about company expenses and credit card usage policies. They also manage all employees within the department.

Procurement 87

Procurement Chief Procurement Officer supply chain budgeting Supply Chain Efficiency 87

Planergy

AUGUST 18, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How to capture early payment discounts and avoid late payment penalties.

Management 52

Management Budget Collaboration Spend management 52

Planergy

AUGUST 18, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. How to capture early payment discounts and avoid late payment penalties.

Management 52

Management Budget Collaboration Spend management 52

Empowering CPO

JUNE 21, 2023

It enables businesses to track and manage their expenses more effectively, identify trends in spending, and uncover opportunities for strategic sourcing and vendor negotiation. Stay with us as we guide you through creating your own spend analysis template in Excel, empowering you with the knowledge to take control of your procurement process.

Purchase orders 52

Purchase orders Data Purchasing Suppliers 52

Procurify

MAY 19, 2022

This guide helps accounting, audit, tax, and finance teams eliminate the struggles of working from home so they can: Develop easy and efficient remote month-end close processes. In Procurify’s Working From Home Template Guide , we share the basic pieces of equipment that employees may need, including: Laptop. Monitor with microphone.

Real-time Visibility 52

Real-time Visibility Networking Collaboration e2e 52

Supply Chain Game Changer

APRIL 30, 2021

It also compels businesses to do the customer’s bidding in fear of losing business at the expense of their employees and resources. Create Policies against Workplace Bullying and Harassment. You can consult an employment lawyer to help you develop effective workplace policies that suit the needs of your business.

Demand 87

Demand Bidding Supply chain Risk 87

Empowering CPO

MAY 11, 2023

Goals This blog post aims to provide a comprehensive understanding of sustainable procurement and how organizations can effectively integrate environmental and social factors into their procurement processes. On the other hand, social factors focus on the impact of procurement decisions on people, communities, and society at large.

Sustainability 52

Sustainability Procurement Supply Chain Efficiency Raw materials 52

IBM Supply Chain Blog

MAY 26, 2023

With the ever-evolving threat vectors, new AWS security services, evolving organizational security policies/skills and changing compliance regimes, maintaining a cutting-edge security posture on AWS can sometimes pose a difficult challenge for many life science clients.

Data 80

Data Innovation Networking Management 80

Empowering CPO

JUNE 20, 2023

In this blog post, we’ll explore what spend analysis really is, why it matters, and how it can revolutionize your approach to procurement. It facilitates better supplier management, identifies savings opportunities, ensures compliance with procurement policies, and provides a clear view of spending patterns and trends.

Real-time Visibility 52

Real-time Visibility Data Supply Chain Efficiency Purchase orders 52

Barkers Procurement

MARCH 14, 2023

It’s expensive as well, so it’s essential to at least consider investing in the expertise of an IT procurement consultancy to help you get things right. Ensure compliance Your consultant will guide you on any compliance issues within procurement and help you keep within the law. Setting limits on spend could be a policy.

Procurement strategies 59

Procurement strategies Strategy Procurement Suppliers 59

Planergy

JANUARY 19, 2024

Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. Policies: Understand the vendor’s policies on issues like returns, refunds, and customer service. download a free copy of our guide 3.

Vendor management 52

Vendor management Suppliers Quality Supply Chain Efficiency 52

EazyStock

MAY 11, 2021

This should help guide you on how to calculate ABC classification for your own inventory. If you find that you’re treating all items the same (in terms of the stock you hold and the purchases you make regardless of their category) then you probably have inefficient and needlessly expensive inventory policies.

Inventory 52

Inventory Demand Purchasing Purchase orders 52

Barkers Procurement

MARCH 14, 2023

It’s expensive as well, so it’s essential to at least consider investing in the expertise of an IT procurement consultancy to help you get things right. An IT procurement consultancy can ensure compliance Your consultant will guide you on any compliance issues within procurement and help you keep within the law.

Procurement strategies 52

Procurement strategies Strategy Procurement Suppliers 52

Planergy

MARCH 2, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. This can help them save time and money while maintaining quality and compliance with business policies. Book a Live Demo 2.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Real-time Visibility supply chain software solutions 52

Supply Chain Game Changer

JUNE 24, 2021

A Step-by-Step Guide on Using PDFBear to Remove PDF Passwords. Fortunately, PDFBear has created the most excellent option for unlocking restrictions without the need to install software or buy expensive applications. To begin, they provide an excellent customer information privacy policy that safeguards your data.

supply chain software solutions 57

supply chain software solutions Supply chain Data Quality 57

Supply Chain Game Changer

JULY 14, 2021

The above isn’t suggesting that procurement isn’t committed to sustainability, that sustainability doesn’t value the importance of procurement and/or that either of the two comes at the expense of the other. in 2020, according to Procurement Leaders’ CPO Planning Guide 2021” (Procurement Leaders 2021).

Sustainability 98

Sustainability Procurement supply chain budgeting Agile and Lean Supply Chain 98

Empowering CPO

JUNE 22, 2023

Spend Analysis, in essence, is a method for scrutinizing and managing corporate expenses. In this blog post, we will delve into the intersection of Spend Analysis and Sustainable Procurement, highlighting its importance and how businesses can leverage this necessary synergy.

Sustainability 52

Sustainability Procurement Supplier consolidation Supply Chain Efficiency 52

Procurify

MAY 12, 2022

In this guide, we clarify any confusion on the difference between procurement and purchasing, and deep dive into each area. For an in-depth explanation of the procurement process, check out our guide: What are the Stages of the Procurement Process ? But despite their similarities, they do have different meanings. Before we begin.

Purchasing 52

Purchasing Procurement Purchase orders Cost of ownership 52

Empowering CPO

JUNE 26, 2023

In this blog, we will delve into the exciting future of spend analysis and discuss the key trends that forward-thinking organizations should watch out for. By monitoring spending patterns, contract terms, and supplier performance, organizations can identify any red flags or deviations from established policies.

Real-time Visibility 40

Real-time Visibility Supply Chain Efficiency Supply Chain Optimization Collaboration 40

Empowering CPO

JUNE 14, 2023

Purpose of the Blog Post This blog post will serve as your guide to innovative procurement models. For one, they often focus too heavily on price at the expense of other factors, such as quality, sustainability, and supplier innovation.

Innovation 52

Innovation Procurement Supply Chain Efficiency Sustainability 52

Planergy

JULY 14, 2023

Clients and results More Customers We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with Planergy. In this blog, we’ll explore what P-Cards are, how they work, and their pros and cons. How Do P-Cards Work?

Purchasing 52

Purchasing Purchase orders Strategic sourcing Strategic sourcing 52

Empowering CPO

JUNE 27, 2023

Next in our blog, we will delve into the need for a spend analysis solution and explore the challenges faced by organizations in managing their spend effectively. A spend analysis solution enables organizations to monitor compliance with regulations, policies, and contract terms.

Real-time Visibility 40

Real-time Visibility Supply Chain Optimization Data Suppliers 40

IBM Supply Chain Blog

APRIL 4, 2024

Get the COO’s Pocket Guide to Enterprise-wide Intelligent Automation 3 main types of business process management Integration-centric BPM focuses on processes that don’t require much human involvement. Standardized workflows can be created that guide contracts through each stage of the lifecycle.

Real-time Visibility 60

Real-time Visibility Management e2e Supply Chain Efficiency 60

Empowering CPO

MAY 4, 2023

This blog post will delve into the top 10 procurement best practices that have proven to be effective for modern businesses, enabling them to achieve their strategic objectives and create a competitive edge. The following steps can help guide this transition: 1. Embrace Digital Transformation A.

Procurement 52

Procurement Procurement strategies Cost of ownership Supply Chain Efficiency 52

IBM Supply Chain Blog

MARCH 19, 2024

Such tools can also help organizations develop recruitment plans for achieving diversity, equity and inclusion (DEI) goals, identifying areas where hiring policies and trends might be adjusted to align with the organization’s broader DEI strategy. Some job openings require many rounds of interviews.

Negotiation 70

Negotiation Contract Data Strategy 70

SCMDOJO

FEBRUARY 19, 2024

In this blog, we’ll delve into the integrated Lean Six Sigma approach, exploring its benefits, deployment models, moreover the implications for SMEs. Figure-d: A New Lean Six Sigma (source: Abramowich, 2008) Deployment Models Various deployment models have been proposed to guide organizations in implementing Lean Six Sigma effectively.

Agile and Lean Supply Chain 75

Agile and Lean Supply Chain supply chain budgeting Quality Supply Chain Optimization 75

Supply Chain Game Changer

DECEMBER 6, 2018

Blog post originally published, and permission to publish here provided by, Adam Robinson at [link]. Use Cherry’s Warehouse Safety Guide to help build out your safety program, identify safety risks, check OSHA regulations , and get tips to maximize the safety of your warehouse. Subscribe Here! Email Address. Check out [link].

Risk 65

Risk Import Supply Chain Efficiency Management 65

Let's Talk Supply Chain

MAY 3, 2023

Client Story I had a client recently who came to us and said that they had a product that was at a particular 3PL warehouse that had a promo insert that was in violation of Amazon’s policies, so they needed to remove these promo inserts from all of their products that were intended for Amazon FBA. What a hassle and what an expense!!

Quantity 52

Quantity Logistics Inventory Quality 52

Empowering CPO

JUNE 27, 2023

Purpose and Key Insights of this Blog This blog aims to provide a high-quality, in-depth exploration of the significance of spend analysis in driving procurement success. Through this blog, we aim to captivate readers with creative, engaging, and informative content that puts people first.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility Procurement strategies 52

Empowering CPO

JUNE 27, 2023

In this blog, we will take a comprehensive dive into the realm of category spend analysis, exploring its significance, benefits, and how EmpoweringCPO, a leading procurement services company, excels in delivering exceptional spend analysis services. Category spend analysis goes beyond simply tracking expenses.

Procurement 40

Procurement Supply Chain Optimization Supplier consolidation Suppliers 40